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MONTANA REAL ESTATE EXAM NEW EXAM UPDATE

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MONTANA REAL ESTATE EXAM NEW EXAM UPDATE A MT broker must keep trust account records for? 8 years If a zoning ordinance conflicts with a restrictive covenant: The more limiting of the two controls Pierce has a buyer broker agreement. Pierce may legally receive a commission from? Any party w...

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  • September 23, 2023
  • 2
  • 2023/2024
  • Exam (elaborations)
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MONTANA REAL ESTATE EXAM NEW EXAM
UPDATE
A MT broker must keep trust account records for?
8 years
If a zoning ordinance conflicts with a restrictive covenant:
The more limiting of the two controls
Pierce has a buyer broker agreement. Pierce may legally receive a commission
from?
Any party with the knowledge and consent of the buyer
I really state licensee should disclose known defects to the buyer in which of the
following situations?
In all situations
Sarah is a licensed real estate broker who does not have a listing, is not a
subagent of the seller And has no buyer broker agreement. Siri is an example of
a:
Statutory broker
Several prospective buyers have made offers on one of your listing properties.
Another possible purchaser, Kirkland, Inc., is also interested in making an offer
on the apartment. As the seller's agent, it is legal for you to tell Kirkland:
Several other offers have been maid
Sales person may:
Take listings with the brokers consent and approval
At closing, the sales price would be a credit to the:
Seller
The buyer of habitable property must be given a Montana radon gas disclosure
statement:
At the time the offer is made
Sales person has numerous listings, including several that are scheduled for
closing. The sales person decides to affiliate with a different broker. Which of the
following is correct?
Both the listings and the closings remain with the old broker when the sales person
believes with the new broker
The sales person receiving earnest money should probably:
Deliver the money to the sales person sponsoring broker
The closing of the sale of a commercial property in Montana, the entry for the
earnest money deposit would be:
Credit to the buyer
On the same day, a broker receives three faxed offers on a listing property from
three potential buyers. In which manner should the broker present the offers to
the seller?
Present all three offers at the same time
The Montana border realty regulation has the power to do which of the following?
Adopt rules regulating the real estate professional Montana
The members of the Montana border realty regulation are:

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